80 Kathleen Crescent, Hornby, Christchurch

Nestled in a serene cul-de-sac at 80 Kathleen Crescent, Hornby, Christchurch, this freehold property boasts a capital value that has surged by 55.56% since 2019. Constructed in 1970 with concrete walls and tiled roofing, the dwelling presents an average condition both inside and out. Spanning over 92 square meters of floor area and 615 square meters of land, the residence features 3 bedrooms, 1 bathroom, and 2 car parks. The property, with its easy/moderate rise contour, is not only conveniently located near the renovated Hornby Hub but also enjoys close proximity to educational institutions within a sought-after school zone.

As per the latest records, the property's capital value stands at $630,000, up from $405,000 in 2019, showcasing a significant increase. The HouGarden AVM estimates the property's worth at $622,500, while the most recent sale in 2024 fetched $650,000, a stark contrast to the $290,000 sale in 2007. This sunny and well-fenced property offers a spacious kitchen, an open-plan living/dining area, and a large deck, making it an attractive prospect for both first-time buyers and investors.

For families with school-aged children, the property falls within the zone of several esteemed schools. These include Villa Maria College (decile 9), Hornby High School Years 7-8 (decile 3), Hornby Primary School (decile 3), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11-13, decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). This combination of location, value growth, and educational opportunities makes this property an unparalleled investment opportunity.

Updated on November 13, 2024